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BenefitsLink > Q&A Columns >

Stop, Look & Listen: Railroad Retirement Benefits Q&A

Answers are provided by Robert S. Kaufman

Lower Earnings Near Retirement Can Reduce Benefits

(Posted March 5, 2013)

Question 975: I'm 57 years old with 39 years of service. If I switch to a reserve board at 70% of my current pay for the last two and one-half years before I retire, would it effect (reduce) my retirement benefit?

Answer: Going on 70% pay the last two years before retirement could reduce your annuity, but the additional service months could offset the reduction in your average earnings.


Important notice:

Answers are provided as general guidance on the subjects covered in the question and are not provided as legal advice to the questioner or to readers. Any legal issues should be reviewed by your legal counsel to apply the law to the particular facts of this and similar situations.

The law in this area changes frequently. Answers are believed to be correct as of the posting dates shown. The completeness or accuracy of a particular answer may be affected by changes in the law (statutes, regulations, rulings, court decisions, etc.) that occur after the date on which a particular Q&A is posted.


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